Diamond – Bloomberg reported that the price of diamonds will rise 6 percent per year until 2020 as output fails to meet increased demand from China and India, according to BMO Capital Markets.
Articles Tagged "diamond demand"
Diamond – Colin Ferguson of Rare Investment believes that prices for brown diamonds will rise dramatically in the next five years.
Diamond – In China and India, increasingly wealthy consumers who are adopting the western tradition of giving diamond jewelry to celebrate engagements and weddings are beginning to drive demand in the diamond market.
Diamond – Reuters reported Botswana is expected its economic growth to slow as diamond demand stutters.
Diamond – Mining Weekly reported diamond supply has fallen nearly 30% since 2007 and demand has risen by the same percentage in that same five-year period, says De Beers CEO Philippe Mellier.
Diamond – Mineweb reported India's diamond export and import industry experienced tremendous losses of 44% and 20% respectively in May, but is expected to recover on increased demand as evidenced by an increase in April.
Diamond – Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
Diamond – Mineweb reported rough diamond demand is expected to rise drastically in the next year.
Diamond – Bloomberg reported a video interview with Ari Epstein who says China will soon outrank the U.S. in diamond demand.
Diamond – Should you invest in diamonds or follow the masses into gold? If your decision is based on a comparison of their performances, here's what you need to consider.